PRESS STATEMENT RE: FALSE REPORTING OF COURT PROCEEDINGS CONCERNING GTBANK

Posted on June 8, 2018 || By: Global News
The attention of Guaranty Trust Bank Plc (“the Bank”) has been drawn to
false, mischievous and malicious statements circulating in the news and
social media in respect of a purported directive by the Supreme Court of
Nigeria to the Bank to make payments to one of its debtor Customers.
The Bank’s Customers and the General Public are hereby kindly urged to
disregard these false statements as nothing could be further from the truth.
There was no directive or Order issued by the Supreme Court of Nigeria to the
Bank to make any payment to any of its debtor Customers.
The Bank as a highly responsible corporate citizen will in accordance with its
culture and tradition refrain from making comments about on-going litigation
matters and will continue to focus on using legal means to recover its bad
debts. It must be emphasised that the Bank remains undeterred in its
recovery drive against recalcitrant debtors.
We again reiterate that there is no iota of truth in the falsehood being
peddled by desperate and mischievous elements and the General Public
should disregard same in its entirety.
The Bank remains committed to providing best-in-class customer experience
to all its valued Customers.
We thank you for your continued support and patronage.
Yours faithfully,
For: GUARANTY TRUST BANK PLC
ERHI OBEBEDUO
Company Secretary

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